Monthly Archives: December 2011

How does the FTC protect you when buying a used car?

What if you’re in the market for a used car? Not a new one. How can the FTC protect you? By drawing up the same guidelines as mentioned in Part 2 for new cars and enforcing them. It’s very rare … Continue reading

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Truth in lending … it’s what we all want. (Part II – FTC Series)

Truth in lending … it’s what we all want. Especially when it comes to car loans. If you were turned down for an incentivzed loan, you may qualify for a B or C tier loan with the lender. Or you … Continue reading

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Car Buyers and THE FTC — Part 1

Last year Congress created the Consumer Financial Protection Agency. It gave the FTC authority over consumer financing fraud. In April they started holding round table discussions with car buyers. Topics included interest rate mark-ups, upfront payments, and payments “packed” to … Continue reading

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Buying a Car this Christmas? Credit Tips to Make a Gift Keep Giving

Credit … which way to go to finance your car? Do you try the dealer, your bank, or your credit union? If it’s a new car and your credit is strong enough, always go through the dealer using the manufacturer’s … Continue reading

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Weekend Funnies for 12-3-11

A new salesman is known as a ‘”green pea”. Nobody has it worse than a green pea because so many underhanded stunts are pulled on them by the pros. However, there is always that one time when salesmen fear the … Continue reading

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